Lampiran.3 ANALISIS VERTIKAL INCOME STATEMENT PT.XYZ
PT . XYZ
For the year ended 31 December 2005 , 2004 , 2003 Description
2005 2004
2003
THB Thousand THB Thousand
THB Thousand THB Thousand
THB Thousand THB Thousand
Sales 25,208,684
100.00 12,226,625
100.00 12,482,256
100.00 Cost of sales
13,933,288 -55.22
10,525,024 -61.10
8,828,320 -21.13
Gross profit 11,275,396
44.73 6,701,651
38.90 3,603,886
28.87
Selling and administrative expense 3,331,844
-13.22 2,222,593
-12.93 1,852,656
-14.88 Royalty fee
2,546,258 -10.10
1,699,642 -9.82
1,252,465 -10.03
Profit from sales 5,396,794
21.41 2,774,416
16.11 493,765
3.96
Other income Gain on disposal of investment
2,405,885 9.54
2,303,828 13.32
1,032,101 8.31
in available-for-sales securities Gain on disposal of other investment
128,002 0.21
_ _
_ _
Gain on disposal of investment in related 135,030
0.54 141,216
0.82 108,661
0.82 parties
Net gain on disposal of property, plant and _
_ 15,556
0.09 22,688
0.18 equipment
Net gain on disposal of investment in land _
_ _
_ 106,055
0.85 Unrealised gain on held-for-trading securities
_ _
_ _
308,844 2.42
Dividend income 214,625
2.83 421,049
2.23 512,432
4.11 Interest income
159,301 0.63
51,285 0.30
28,244 0.23
Others 53,366
0.21 125,234
1.02 92,565
0.28 Other expenses
Write-off projects under development 13
22,520 -0.31
266,296 -1.55
_ _
Write-off land compensation _
_ 143,529
-0.83 _
_ Net loss on disposal of property, plant and
4,366 -0.02
_ _
_ _
equipment Directors remuneration
24 26,620
0.11 20,130
-0.12 14,280
-0.12 Net loss on exchange rate
116,964 -0.46
6,146 -0.04
220,192 -2.16
Operating profit 20
8,817,538 34.98
5,497,533 31.91
2,430,883 19.47
Share of profit of subsidiaries 4.4
_ _
_ _
_ _
Share of loss of joint ventures and associates 4.4
119,349 -0.42
28,294 -0.16
523,561 4.60
Profit before interest and income tax 8,698,189
34.50 5,469,239
31.75 3,004,444
24.07
Debentures premium redemption _
_ _
_ 152,252
-1.22 Interest expenses
509,314 -2.02
411,880 -2.39
429,649 -3.84
Financial expenses 220,329
-0.82 140,832
-0.82 145,422
-1.12 Income taxes
2,212,481 -8.80
1,204,148 -6.99
123,859 -0.99
Profit before minorities 5,251,015
22.81 3,212,329
21.55 2,103,252
16.85 186,164
-0.24 62,440
-0.39 56,921
-0.46
Net profit for the year 5,564,851
22.08 3,644,939
21.16 2,046,336
16.39 Basic earnings per share THB
21 20,48
13,42 2,25
Diluted earnings per share THB 21
20,48 13,42
2,25
Income Statement
Less Profit attributable to minorities
Lampiran.4 ANALISIS VERTIKAL BALANCE SHEET PT.XYZ
PT . XYZ
For the year ended 31 December 2005 , 2004 , 2003 Description
2005 2004
2003
THB Thousand THB Thousand
THB Thousand
ASSETS
Cash and cash equivalents
5
9,130,256 20.25
6,021,318 15.23
3,211,311 9.45
Investment in held-for-trading securities _
_ _
_ 336,391
0.99 Trade accounts receivable, net
6 2,400,368
5.32 2,005,560
5.02 1,054,531
3.10 Amounts due from related parties
4,2 52,338
0.12 26,996
0.02 20,112
0.06 Advances to related parties
4,3 21
0.00005 2,923
0.01 60,663
0.18 Current portion of long-term loans to
4,3 _
_ _
_ _
_ related parties
Current portion of long-term to other company _
_ _
_ 15,000
0.04 Inventories, net
2 1,660,633
3.68 266,096
1.94 851,402
2.50 Spare parts and machinery supplies
402,621 0.90
126,925 0.45
121,834 0.51
Others current assets 8
1,562,583 3.42
1,096,216 2.22
1,124,242 3.45
Total Current Assets 15,214,320
33.74 10,096,084
25.53 6,895,491
20.29
Loans to employees 22,592
0.05 22,801
0.06 10,265
0.03 Long-term loans to related parties
4,3 336,226
0.25 342,548
0.82 342,655
1.01 Long-term loans and advanced
15,142 0.03
20,428 0.05
20,202 0.06
to other companies Investment in subsidiaries and
4,4 2,123,964
4.82 532,442
1.36 532,544
1.52 associaties
Other investment, net 9
10,821,862 24.11
15,035,813 38.03
16,436,260 48.35
Property, plant and equipment, net 10
10,202,686 23.24
8,124,143 20.55
5,223,169 16.98
Other non-current assets Deffered overburden expenses, net
11 1,652,928
3.62 1,432,001
3.63 1,512,395
4.45 Mining property rights, net
12 1,962,201
4.35 1,881,125
4.26 1,302,339
3.85 Investment in land, net
_ _
36,123 0.09
36,123 0.11
Machinery and sparepart pending for disposal _
_ 249,588
0.63 220,511
0.80 Project under development
13 1,052,402
2.33 1,019,142
2.58 526,902
1.20 Other non-current assets
14 1,083,004
2.40 1,021,838
2.58 228,114
0.82
Total Non-Current Asset 29,874,072
66.26 29,442,286
74.47 27,097,484
79.71 45,088,392
100.00 39,538,370
100.00 33,992,975
100.00
LIABILITIES
Bank overdrafts and loans from 15
1,312,360 2.91
595,314 1.51
1,133,281 3.34
banks and financial institutions Trade account payable
436,551 0.92
620,394 1.52
250,194 0.24
Advances from related parties 4,5
_ _
_ _
_ _
Current portion of long-term loans 12
1,191,610 2.64
846,341 2.14
688,809 2.03
Current portions of debentures 18
504,126 1.12
319,412 0.81
499,812 1.42
Other current liabilities Accrued overburden and coal
1,192,063 2.64
1,542,206 3.90
203,041 2.02
transportation cost Accrued interest expense
149,104 0.33
96,590 0.24
93,123 0.22
Accrued royalty expense 868,225
1.93 692,202
1.25 396,282
1.12 Accrued income tax expense
1,663,384 3.69
1,039,261 2.63
165,825 0.49
Other current liabilities 16
1,899,319 4.21
1,004,653 2.54
492,110 1.45
Total Current Liabilities 9,216,792
20.44 6,756,883
17.09 4,423,532
13.01
Long-term loans from related parties 4,5
_ _
_ _
_ _
Balance Sheets
Current
Assets
Non-Current
Assets
Total
Assets
Current
Liabilities
Non-Current
Liabilities
